Duke Energy set to request another rate increase, AP reports

Last year, Duke Energy asked the North Carolina Utilities Commission to approve a 17 percent rate increase; the company agreed to 7 percent. The Associated Press reports that Duke is set to ask for another increase:

News from the Associated Press

as reported by the Asheville Citizen-Times
Duke Energy has told North Carolina utility regulators that it will ask for another rate increase soon.

Duke Energy late last week filed notice with the North Carolina Utilities Commission that it will file for another rate increase early next month.

The request comes less than a year after regulators approved a 7 percent increase for Duke.

Duke representatives have said for months the company plans to apply for an increase to pay for maintenance and upgrades to its systems. …